Fxww42’s principle is ‘make sure to cut your losses short and let your profits run…’ and that’s one of the keys if you are new to trading.
The month of August ends with an equity increase of 4.46%, a result just short of an ideal +5-10%/month. While the win/loss ratio does not look that promising (40% wins), the risk reward obtained per trade made the difference. I am still long EUR/CHF, which I will continue to hold with greater conviction after SNB chief Jordan reaffirmed its hard-line stance to defend the 1.20 land in the sand.
Aug stats
Open positions
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